AdEx Coin is the native cryptocurrency of the AdEx Network, a next-generation solution aiming to address and rectify the major shortcomings of the online advertising industry. Originating in 2017 as a decentralized advertising exchange, AdEx evolved into a complete protocol for transactions in advertising space and time, ultimately becoming a system for verification and proof of ad delivery.
What is AdEx (ADX)?
The AdEx Network operates on Ethereum using OUTPACE layer 2 payment channels for microtransactions and offers DeFi staking services with its native ADX token. Additionally, ADX serves as a utility token to incentivize validator uptime and ensure the smooth operation of all advertising campaigns on the AdEx platform.
In January 2020, AdEx Network launched its staking portal, where ADX holders could earn rewards in exchange for staking their tokens. Initially, these rewards were limited to a portion of the verification fees paid per campaign on the AdEx advertising platform. In September of the same year, AdEx staking expanded to include security mining, followed shortly by the addition of a Liquidity Pool using Chainlink price feeds.
Furthermore, the AdEx Network was created by experienced entrepreneurs with a history in the field, Ivo Georgiev and Dimo Stoyanov. This duo is also known for Stremio, a media streaming platform with over 14 million users worldwide.
It is also important to note that the ADX coin has recently exhibited a volatile performance graph.
At the time of this article’s preparation, ADX Coin was trading at $0.4203. According to CoinMarketCap, it ranks 188th in terms of market value, with a market cap of $47,691,710. Additionally, it’s worth noting that in the AdEx-BTC trading pair, the token is trading at 0.00001327 BTC.
Additionally, ADX Coin reached a record high of $3.71 on January 7, 2018, and a record low of $0.0348 on March 13, 2020. The current circulating supply of AdEx Coin is 113,482,959 ADX, with a total planned supply of 150,000,000 ADX.
ADX Coin can be purchased quickly and securely through Binance, the world’s largest cryptocurrency trading platform in terms of trading volume.
Where to Buy ADX Coin?
After creating an account on Binance, you can quickly purchase AdEx coin by following these steps. It’s beneficial to note that liquidity, security, and speed are the main factors for investors preferring Binance.
- To buy AdEx Coin, first, you need to send TUSD to the exchange or purchase a cryptocurrency that can be used instead. Start by going to the Binance homepage, click on the “Buy Crypto” option in the top left corner, and then select the “Credit/Bank Card” tab.
- In the opened tab, choose how much USD you want to trade, and select Bitcoin, i.e., BTC, in the Coin section.
- After buying BTC, preview the “Buy-Sell” option in the top left and click on the “Classic” tab.
- In the opened section, select the BTC tab in the top right, type AdEx in the search button, and select the AdEx/BTC pair that opens below.
- Then go to the “Buy AdEx” tab in the middle, enter the amount you want to buy.
- Enter the desired amount and confirm the transaction to complete the purchase of AdEx Coin.
Additionally, on Binance, you can place a purchase order at a lower price than the current rate by entering the amount you want to buy. For this, simply use the Limit tab and enter the amount and price you wish to buy at.
